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Stanlib Asset Management Proprietary Limited acquires an equity stake in Kouga Wind Farm

Fasken
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Overview

Client

STANLIB Asset Management Pty Ltd

Fasken advised STANLIB Asset Management, through its subsidiary Greenstreet 1 Proprietary Limited, in respect of its acquisition of 26.63% of the share capital in Kouga Wind Farm (RF) Proprietary Limited.

The Transaction closed in December and the STANLIB Group will now own 67.18% of the issued share capital in the Project Company, of which 40.55% belongs to STANLIB Infrastructure Fund II and 26.63% to Greenstreet 1.

The Fasken team was led by Werner De Waal and included Janke Strydom, Tuelo Mokoka and Robin Monteiro

Jurisdiction

  • South Africa

Team

  • Werner De Waal , Partner | Corporate/Commercial, Johannesburg, +27 11 586 6075, wdewaal@fasken.com
  • Janke Strydom, Partner | Corporate/Commercial, Johannesburg, +27 11 586 6061, jstrydom@fasken.com
  • Tuelo Mokoka, Associate | Corporate/Commercial, Johannesburg, +1 158 660 34, tmokoka@fasken.com
  • Robin Monteiro, Associate | Corporate/Commercial, Johannesburg, +27 11 586 6051, rmonteiro@fasken.com